# PPP loan: BECO ASSET MANAGEMENT, LLC
> **$1.14M** approved 04/04/2020 · Paid in Full · Loan `4796647001`
## Borrower
- **Name:** BECO ASSET MANAGEMENT, LLC
- **Address:** 609 Independence Parkway Suite 200, CHESAPEAKE, VA, 23320-5164
- **NAICS:** 531312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Jobs reported:** 85
## Lender
- **Originating:** Citizens and Farmers Bank
- **Servicing:** Citizens and Farmers Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*